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Murphysboro Community Unit School District 186

Learn about the people, housing, costs and businesses in Murphysboro Community Unit School District 186, Illinois

Median Home$125,809
Median Rent$788/month
Population14,219
Leading IndustriesPublic Administration · Manufacturing · Education31% public administration
Home Value Growth⬆⬆+17.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners64% of occupied units
NotableAffordable Market$126k median home · lower cost than 91% of the country
NotableVeteran Community8% of residents · top 27% nationally
Murphysboro Community Unit School District 186
IL

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Frequently Asked Questions

What are today's mortgage rates in Murphysboro Community Unit School District 186?

As of today, the 30-year fixed mortgage rate for Murphysboro Community Unit School District 186 is approximately 7.121% (7.136% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Murphysboro Community Unit School District 186
What is the median home price in Murphysboro Community Unit School District 186?

The median home value in Murphysboro Community Unit School District 186 is $126k. The median monthly rent is $788. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Murphysboro Community Unit School District 186?

Home values in Murphysboro Community Unit School District 186 have increased 17.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Murphysboro Community Unit School District 186?

Based on a typical all-in ownership cost of $807/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Murphysboro Community Unit School District 186 is $60k/year.

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What industries drive the economy in Murphysboro Community Unit School District 186?

The largest employment sectors in Murphysboro Community Unit School District 186 are public administration (31%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.